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Corcentric

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Optimize B2B commerce with integrated AP, AR, procurement, and payment solutions.

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Reviews onG2Capterra
39 reviews tracked

The Bottom Line

Entry price

Paid plans only

Biggest pro

Comprehensive end-to-end B2B commerce lifecycle management

Biggest con

Pricing details are not publicly available, requiring direct contact

TL;DR - Corcentric

  • Automates and integrates B2B procurement, AP, AR, and payments.
  • Combines software, managed services, and strategic advisory for holistic optimization.
  • Leverages AI for faster results, touchless processing, and improved cash flow.
Pricing: Paid only
Best for: Enterprises & pros
4.1/5 across review platforms

What is Corcentric?

Editorial review
Corcentric provides comprehensive B2B commerce solutions designed to streamline and optimize financial and procurement operations. It offers a combination of advanced software, integrated managed services, and strategic advisory to help businesses manage their source-to-settle and order-to-cash processes more efficiently. The platform integrates and automates procurement, accounts payable (AP), accounts receivable (AR), and contract lifecycle management (CLM) to enhance collaboration and accelerate throughput. This platform is ideal for businesses looking to maximize spend efficiency, improve cash flow, enhance supplier management, and accelerate payment processes. By leveraging AI-powered solutions, Corcentric delivers faster results through instant data access, touchless processing, and significant time savings. It caters to organizations seeking to reduce stress and uncertainty in their B2B transactions, enabling them to focus on growth by providing tailored strategies and expert guidance.

Available on: Web

Pros & Cons

Pros

  • Comprehensive end-to-end B2B commerce lifecycle management
  • Combines technology with expert human services for tailored solutions
  • AI-powered features for automation and data insights
  • Proven track record with over 2,000 customers and significant transaction volume
  • Focus on improving cash flow and reducing operational stress

Cons

  • Pricing details are not publicly available, requiring direct contact
  • Requires integration with existing systems, which may involve implementation effort

Ratings Across the Web

4.1(39 reviews)

Ratings aggregated from independent review platforms. Learn more

Key Features

Advanced Software Solutions for procurement, AP, AR, and CLMIntegrated Managed Services for process efficiency and team supportEmbedded Strategic Advisors for optimization guidanceIntelligent Applications with AI-powered solutionsMaximizing Spend EfficiencyImproving Cash FlowEnhancing Supplier ManagementAccelerating Payments Processes

Pricing

Paid

Corcentric offers paid plans. Visit their website for current pricing details.

View pricing

Reviews

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4.1/5

Across 39 verified user reviews on G2, Capterra

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Corcentric FAQ

How does Corcentric help businesses manage their B2B transactions?

Corcentric streamlines B2B commerce by integrating and automating procurement, accounts payable (AP), accounts receivable (AR), and contract lifecycle management (CLM). This comprehensive approach helps businesses manage their source-to-settle and order-to-cash processes more efficiently, enhancing collaboration and accelerating throughput.

Which teams within an organization would benefit most from Corcentric?

Corcentric is ideal for finance, procurement, and accounts payable/receivable teams looking to maximize spend efficiency, improve cash flow, and enhance supplier management. It helps reduce stress and uncertainty in B2B transactions, allowing teams to focus on growth.

How does Corcentric compare to a solution like Tipalti?

Corcentric offers comprehensive end-to-end B2B commerce lifecycle management, combining advanced software with expert human services for tailored solutions. It integrates procurement, AP, AR, and CLM, whereas Tipalti primarily focuses on global mass payments and AP automation.

What kind of automation does Corcentric provide?

Corcentric leverages AI-powered solutions to deliver automation through instant data access and touchless processing. This helps businesses achieve faster results and significant time savings across their financial and procurement operations.

What are the main trade-offs to consider when adopting Corcentric?

A primary trade-off is that pricing details are not publicly available, requiring direct contact for information. Additionally, implementing Corcentric involves integration with existing systems, which may require a dedicated effort during setup.

How is Corcentric priced?

Corcentric is a paid product and does not offer a permanently free tier. Prospective customers need to contact the vendor directly to obtain specific pricing details and discuss their needs.

Can Corcentric assist with contract management?

Yes, Corcentric includes contract lifecycle management (CLM) as part of its integrated platform. This feature helps businesses manage their contracts more effectively, contributing to overall operational efficiency.

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